The Innovation, Business and Law Center curriculum is comprised of courses that focus on technology advancement and business practices as they relate to the legal and medical fields. Below is a comprehensive list of courses that are the focus of the IBL Center.
91:208 Antitrust Law
This course will provide a comprehensive introduction to the federal antitrust laws dealing with restraints of trade, monopolization and mergers. We will examine the history of these laws and of their development in the courts; current doctrine and the legal and economic theories that underlie it; the analytical tools of the trade; and the sufficiency of economic efficiency as the measure of justice under the antitrust laws. Familiarity with economics is not a prerequisite
91:216 Corporate Finance
This course provides an introduction to the fundamental principles of corporate finance, including financial statement analysis, the valuation of corporate securities and of businesses, capital structure decisions, portfolio theory, and the efficient capital markets hypothesis. The course is more concerned with financial and accounting aspects of corporate decisions than with the any particular body of law, and although students are not expected to have any knowledge of higher mathematics, they should be comfortable with elementary methods of quantitative reasoning.
91:239 Corporate Governance and Control
Principal issues in creation of appropriate governance and control systems for large publicly-held corporations; questions of corporate structure, shareholder voting rights, duties of directors, derivative suits, indemnification and transfers of control viewed from perspective of Delaware's statutory and common law.
91:261 Health Law
This course explores a number of major areas of present concern in the area of health law most of which involve some analysis of the tension between quality, access and costs. Topics covered might include: malpractice, quality control, health care financing, access (insurance, Medicare and Medicaid), licensing, and bioethics (end-of-life decision making, informed consent, surrogacy and organ transplantation). There are no prerequisites for this course.
91:282 International Business Transactions
An introduction to legal and practical issues in international trade and investment, focusing on typical private transactions such as the sale of goods (including the documentary sales transaction, INCOTERMS, letters of credit, agency and distribution); transfer of technology (including franchising and licensing); and direct investment across national borders. The course focuses on the manner in which private international sales, investment and licensing transactions are structured to permit private businesses to minimize and plan for the risks associated with conducting business on a global scale.
The course surveys the key areas of international business and economic law which impact cross-border transactions. These are: 1. The basic documentary transaction (international sales and shipment contracts); 2. International trade regulation; 3. International investment law; 4. International dispute resolution; and 5. International Public Policy (corporate social responsibility, human rights and environmental concerns, policy and theory of international economic law). The course places equal emphasis on the "nuts and bolts" of international deal-making, e.g. drafting clauses and advising clients, as well as on policy matters and the theory of international economic relations. "
Will survey the law of copyrights, focusing primarily on the Copyright Act of 1976, Pub. L. 94-553, 90 Stat. 2541. Special emphasis will be given to the manner in which copyright protections affect new technologies, such as videotaping, computer hardware and software, electronic data transfer, and cable television rebroadcast, and the ability of such legal concepts to keep pace with technological developments.
91:286 Introduction to Intellectual Property Law
This course is designed for students who are seeking either a general overview of intellectual property law, or a starting point for courses in particular disciplines within intellectual property law. The course will introduce the concept of intellectual property, survey decisions in patents, trademark & unfair competition, copyright, trade secret and related areas, and will examine issues involving the intersections between those areas. No technical background is expected. Students who plan to take Patent Law (91:324), Trademark and Unfair Competition Law (91:369), Copyrights (91:283), International Intellectual Property Law (91:229), or any intellectual property seminar are strongly urged to take this course prior to or concurrently with any of those courses or seminars.
91:289 Competition Policy and Innovation (Spring, 2013)
This course will address the most important issues at the intersection of federal competition policy and intellectual property law. The term “competition policy” refers to the antitrust laws but also includes
competition policies that emanate from the IP laws themselves or from other regulatory provisions. Specific coverage will include exclusionary practices, collusion and joint ventures, vertical integration, as well as some procedural issues. The discussion of exclusionary practices will examine improper patent enforcement, patent and copyright “misuse,” refusals to license, patent accumulation and nonuse, anticompetitive innovation, and improper practices in the context of standard setting and networks. Under the heading of collusion and joint ventures we will discuss both the benefits and perceived threats of collaborative innovation, including patent pools and blanket licenses, mergers, and patent settlements. The treatment of vertical integration will consider resale price maintenance and nonprice restraints, the “first sale” doctrine, tying and exclusive dealing. We will also look at competition issues outside of the antitrust context that pertain to telecommunications and the internet, focusing on such issues as “net neutrality,” bundling of hardware and various types of media, and the consequences of vertical integration in the motion picture, music and related industries. The readings will be mainly federal judicial decisions from the Supreme Court and the federal courts of appeal, together with some secondary materials. The grade will be based on a final examination. There are no prerequisites. This course is available as a first year elective.
91:295 International Commercial Arbitration
The International Commercial Arbitration course with Prof. Steinitz will be offered this spring 2013 semester in a tutorial format. I’m still working on the details but the basic idea will be a combination of (i) one-on-one discussions of the readings; and (ii) role play(s); (iii) skills-focused assignments. In some more (tentative) details:
(i) I would probably break up the reading into a number of units and have each student come in to discuss each unit with me.
(ii) Students will simulate a real legal encounter – such as negotiating an international arbitration agreement, or counseling a client on whether to select international arbitration and if so under the rules of which institution. Students will be provided individual feedback on their performance.
(iii) Students will be given practical assignments such as: drafting (not only negotiating) an arbitration agreement and drafting an arbitral award that will be enforceable internationally. The students will be provided at least one round of individual feedback on their written work product.
Students will be evaluated based on their grasp of the reading material, their performance in the simulations, and their written work product.
Students should reserve Mondays & Tuesdays 12:40–2:10 since we will meet in as a full group few times throughout the semester (in room 125) and since the individual meetings will also take place during this time slot.
The tutorial will earn a skills unit. In addition, students have the option of writing for additional academic credits and writing units.
91:309 Law and Economics
Introduction to economics analysis of law; how economic reasoning is used to explain and predict the effects of legal rules; fundamental areas of American law (e.g., property, contracts, torts, criminal law); use of economic efficiency as a normative criterion for evaluating legal rules; efficiency compared to various moral concepts to evaluate such rules.
91:318 Mergers and Acquisitions
Significant legal and financial aspects of business combination transactions; transaction documents (e.g., stock purchase agreements, asset purchase agreements, merger agreements); valuation of companies and pricing of deals; legal and financial considerations affecting the structuring of deals; tender offers and their regulation under the Williams Act, tender offer rules; fiduciary duties of target board, including Revlon duties and the Unocal standard; anti-takeover devices (e.g., poison pills and staggered boards, deal protection devices, freezeout transactions); state anti-takeover statutes.
91:324 Patent Law
This course covers all aspects of U.S. patent law, including patent claims, adequacy of disclosure, statutory subject matter, validity, inequitable conduct, infringement, remedies, and a variety of other specialized doctrines. The course focuses heavily on recent pronouncements from the Court of Appeals for the Federal Circuit. Although the course does deal with advanced technologies to some extent, no scientific or engineering background is required.
91:355 Securities Regulation
This course examines the regulation and sale of securities to the public under the Securities Act of 1933 and state blue-sky laws. The course also examines remedies provided through the Securities Act. In addition, the course examines regulation and litigation under the Securities Exchange Act of 1934, which focuses on companies with publicly traded securities. Corporations I is a prerequisite.
91:369 Trademark & Unfair Competition Law
This course examines an important branch of intellectual property law. Trademark law protects words and symbols that identify the source of goods and services, thus securing commercial identity and preventing consumer confusion. The course covers the acquisition and retention of trademark rights, registration, infringement, and remedies. It examines the application of Sec. 43(a) of the Lanham Act to protect creative, as well as commercial products.
91:450 Corporate Law Practicum
One student is selected each year for an externship with Justice Holland of the Delaware Supreme Court or with Vice Chancellor Parsons of the Delaware Court of Chancery. Program credits range from nine to thirteen. Students must complete a class consistent with the goals of the externship. In some circumstances, externs may earn extra credits by enrolling in a Delaware Law School course taught by Justice Holland at Delaware Law School.
91:508 Intellectual Property Advocacy
This course integrates the teaching of substantive intellectual property law with the development of both oral and written advocacy skills in the IP field. It is an advanced and intensive course designed to build on earlier learning in order to prepare students for the practice of law. The course is oriented around preparing students to compete in one of three intellectual property moot court competitions: the Saul Lefkowitz Trademark Law competition, the Giles Sutherland Rich Patent Law competition, and the BMI/Cardozo Copyright Law competition. For each competition, and to the extent allowed by the rules for that competition, students will first meet to discuss substantive law issues and cases that are likely to arise in the competition problem. Then team members for that competition will draft and re-draft sections of their briefs, and we will workshop those briefs. The teams will also engage in numerous practice oral argument sessions, including sessions that will be judged by practicing intellectual property lawyers. Finally, the teams will participate in their moot court competitions, which will likely be held in either Chicago or New York. It is contemplated that all students who register for this class will compete in one of the competitions, but if a competition cannot accommodate all of our teams, internal competitions will be held to determine who the members of the competition team(s) will be.
This class is a demanding and time-consuming course. Students should request to take this course only if they are willing to devote substantial time and energy to learning IP law and developing their advocacy skills.
Students will earn at least three academic credits and at least one writing credit for the tutorial.
91:520 Patent Law Tutorial
Examination of recent patent-related en banc Federal Circuit and Supreme Court decisions.
91:601 Advanced Topics in Corporate Law
This research and writing seminar is designed to permit students to explore a wide range of corporate law topics. The topics will vary from year to year, and will include, but will not be limited to, the theory of the firm, fiduciary duties, corporate counseling issues, and the history of corporate law.
Students in this seminar will be required to develop and write papers in consultation with the instructor and present them to the class. Participants will receive two academic credits for seminar participation, plus two or three units of academic and writing unit for preparing papers. Prerequisites: one law school or business school class in corporate law or consent of instructor.
91:604 Patent Prosecution Seminar
This drafting seminar focuses on patent application preparation and prosecution. Students will complete a series of graded drafting exercises and deliver presentations on advanced patent law topics. The seminar emphasizes the administrative rules and procedures governing practice before the U.S. Patent and Trademark Office, and is especially designed for students who plan to practice patent law.
91:622 Elder Law
The population of Americans 65 years of age and older is increasing dramatically. As people age, they encounter a host of issues with a legal and public policy component. As a result elder law is a growing area of law practice. Moreover, public policy makers at the federal, state and local levels are being called upon to formulate and implement public policies and laws in response to problems associated with an aging population.
Topics covered will include, but are not limited to, age discrimination, pensions, elder abuse and neglect, guardianship, long term care, Medicaid and Medicare and end of life decision making.
91:660 Medical Tutorial for Law Students
The Colleges of Law and Medicine at the University of Iowa are co-sponsoring a Medical Seminar for Law Students. Enrollment in the seminar is limited to 8 students.
On each day of the program, students will spend (1) up to 2-3 hours on medical and/or surgical rounds under the supervision of an attending
physician (2) up to 2-3 hours in didactic sessions discussing legal, medical and ethical issues arising from the clinical experience, as well as targeted discussions on issues of perennial interest to the legal profession, such as peer review, credentialization, quality assurance, cost containment, AIDS, reproductive technology, etc. and (3) up to 2 hours exploring recent developments in medical technologies.
Students will earn 2 academic credits for this Seminar and will be required to prepare a 20 page paper on an arranged topic. Students who wish to write longer papers and earn writing units must negotiate this with the instructor. Drafts of the paper will be due in early April and will be presented and discussed by the entire group at two evening sessions to be scheduled for that purpose. Final drafts will be due at the end of the semester. Prerequisite: 91:261 Health Law or the equivalent.
91:667 Iowa Medical Innovation Group Seminar
Team of law, medicine, engineering, and business students observe medical procedures, interview surgical and other medical personnel, and originate an idea for a medical device; design and produce figures or prototype, reports on patentability, and draft patent application; design business model for marketing with required legal documents, which may include entity documents and licensing documents; law students procure necessary intellectual property rights, business association documents, contracts, and licensing agreements.